3906 E Rancier Ave Drive, Killeen, TX 76543

$150,000
3
BD
2
BA
2,023
SqFt

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List Price
$150,000
Status
ACTIVE
MLS#
628411
Days on Market
3
Bedrooms
3
Bathrooms
2
Living Area
2,023

Property Description

Rare 7.4, Acre Redevelopment Opportunity, E. Rancier Avenue, Killeen, TX Three individually listed properties featuring mature oak trees and excellent potential for redevelopment or investment. The combined 7.4-acre tract is currently being platted into three separate lots, with completion anticipated in the coming weeks. Property 1, 3900 E. Rancier Avenue, 2.268 Acres, House Lot 1 MLS 628407 Property 2, 3906 E. Rancier Avenue, 2.864 Acres, House Lot 2 MLS 628411 Property 3, Adjacent Vacant Land, 2.275 Acres, Lot 3 MLS 628414 Both existing residences have been heavily vandalized and should be considered potential fix-and-flip or teardown projects. The condition of the structures and major systems is unknown. Buyers should conduct their own inspections and due diligence. The City has expressed a willingness to consider rezoning for residential or commercial uses, subject to approval. Potential opportunities include commercial development, multifamily housing, or a private estate subdivision, subject to applicable zoning, access, density, and development requirements. Each property is offered separately, but buyers may purchase any combination of two or all three lots. Listings are cross-referenced to promote the opportunity to acquire the entire tract. All properties are offered strictly AS-IS, with no repairs or warranties. Cash or hard-money financing only. Please allow a minimum of 90 days to close to accommodate the platting process and coordination with the City. Buyers must independently verify zoning, permitted uses, utilities, access, development feasibility, property condition, and all other information material to the purchase.

Additional Information

Year Built
1967
Garage Spaces
2
Exterior Features
Patio
Interior Features
Bookcases, Ceiling Fan(s), Tub Shower, Breakfast Bar
Roof
Composition, Shingle
Appliances
Some Electric Appliances
View
None
School District
Killeen ISD
Sewer
Public Sewer
Stories
1
Street Name
E Rancier Ave Drive
Street Number
3906
Neighborhood
Bigham
Water
Public
Acres
2.86
County
Bell
Foundation
Slab
Heating
Central, Electric

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Listing courtesy of Michael E. Linnemann from Linnemann Realty

Information obtained from TXSMABOR is current as of . Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.